Sentences with phrase «requires state income»

Not exact matches

The 2014 law required states to take certain steps to help families get and retain child care assistance — and many have taken steps like allowing families to stay eligible for assistance for a full year without having to continuously recertify their income level, giving them a semblance of certainty about their finances for at least the coming year.

States that do have a state income tax require that you file a separate state tax return and have their own rules.

Under the first of those agreements, we generally will be required to pay to our existing owners that will continue to hold LLC Units following the reorganization transactions approximately 85 % of the applicable savings, if any, in income tax that we are deemed to realize (using the actual applicable U.S. federal income tax rate and an assumed combined state and local income tax rate) as a result of:

Certain applications require the proof of your income such as W - 2 forms, paystubs, or their tax records that can verify the income stated.

This is much higher than the minimum requirements — Prosper only requires a minimum credit score of 640 and at least $ 1 in stated annual income (other requirements apply).

In fact, if you're an officer of a C - corporation or the owner of an S - Corporation, you're legally required to receive a regular salary with withholdings for Social Security, Medicare, and federal and state income taxes.

interest from municipal bonds as well as distributions from mutual funds that qualify as exempt interest dividends; this income is generally not subject to regular federal income taxes; note that Fidelity reports this information to the IRS, and may be required to report the information to tax authorities in California among other states; the total amount or a portion of tax - exempt income (reported as specified private activity bond interest) must be taken into account when computing the federal Alternative Minimum Tax (AMT) applicable to individuals and may be subject to state and local taxes; you are required to report tax - exempt income on Form 1040, and may be required to report it on your state tax return as well

Under the first of those agreements, we generally will be required to pay to the Continuing LLC Owners approximately 85 % of the applicable savings, if any, in income tax that we are deemed to realize (using the actual applicable U.S. federal income tax rate and an assumed combined state and local income tax rate) as a result of (1) certain tax attributes that are created as a result of the exchanges of their LLC Units for shares of our Class A common stock, (2) any existing tax attributes associated with their LLC Units the benefit of which is allocable to us as a result of the exchanges of their LLC Units for shares of our Class A common stock (including the portion of Desert Newco's existing tax basis in its assets that is allocable to the LLC Units that are exchanged), (3) tax benefits related to imputed interest and (4) payments under such TRA.

Under the other TRAs, we generally will be required to pay to each Reorganization Party described under «Organizational Structure» approximately 85 % of the amount of savings, if any, in U.S. federal, state and local income tax that we are deemed to realize (using the actual U.S. federal income tax rate and an assumed combined state and local income tax rate) as a result of:

In other words, if you live in a state, such as North Carolina, that requires minimum continuing education hours every year to maintain your esthetician license and registration, you may deduct the continuing education costs on your federal income taxes.

With inflation of up to 3 % you would remain on track for achieving the target income floor from the state pension alone in 18 years or less — the # 300K or so required to buy an index - linked annuity in your scenario would certainly see your relative through those 18 years comfortably.

The report's release contributes to passage of state mandates requiring schools with a high proportion of low - income students to serve breakfast.

Participants are required to meet income guidelines, show proof of state residency and be considered a «nutritional risk.»

One possible solution more broadly would be state or federal laws requiring paid family leave, enabling the pilots to take a longer unpaid leave without losing as much income.

«While my policy as leader is not to sign the many pledges that are presented to me, I want you to know my position on the three issues that you have raised with the members of the State Legislature: I support the concepts of applying generally accepted accounting principles to our state budget, requiring disclosure of lawmakers» non-government income and appointing an independent commission to redraw legislative district lines,» Sampson said in a statement released by NY UpriState Legislature: I support the concepts of applying generally accepted accounting principles to our state budget, requiring disclosure of lawmakers» non-government income and appointing an independent commission to redraw legislative district lines,» Sampson said in a statement released by NY Upristate budget, requiring disclosure of lawmakers» non-government income and appointing an independent commission to redraw legislative district lines,» Sampson said in a statement released by NY Uprising.

The package would require public disclosure of every legislator's outside clients and income, establish an ethics commission with robust investigative powers over both the legislative and executive branches — and institute other measures to introduce badly needed transparency and accountability into our state government.

State legislators are required to declare any outside sources of income on annual financial disclosures submitted to the New York State Joint Commission on Public Ethics (JCOPE).

State legislators would be required to report outside income of more than $ 1,000 and disclose the name of law clients who pay them more than $ 5,000 under an ethics - reform package unveiled Wednesday by Gov. Cuomo and Assembly Speaker Carl Heastie.

Now, as governor, Cuomo is trying to pass an ethics overhaul measure that may require legislators to reveal more details about their outside income and clients who do business with the state.

One would require tenants to verify their income with the state while the other would require a rent regulated apartment to be a person's primary residence.

The Assembly voted to close the LLC loophole in campaign finance laws, cap contributions by limited liability corporations at $ 5,000 and require them to identify the individuals who make the donations in the LLC's name, and limit lawmakers» outside income to 40 percent of the annual salary of state Supreme Court justices.

Most recently, Kolb has been silent on the revelations now being examined by Bharara that Silver has apparently been receiving substantial income from a little - known Manhattan law firm, Goldberg & Iryami, but failed to disclose the information as legally required on his state financial - disclosure statement.»

[11] This came 14 weeks after the state legislature publicly supported and approved a bill requiring them to disclose their outside income.

Senate Republican Leader Dean Skelos, whose GOP majority rules the Senate, is the second highest earner of private income in the Senate, after former Speaker Silver, as reported in required annual filings with the state ethics commission.

The bill would require that state lawmakers disclose details of their sources of outside income, even law clients, and that they prove they were actually in Albany, using an electronic card swipe system, before they are entitled to per diem expense payments.

He said it would require strict oversight by the state banking superintendent, who would set the top loan rate, and would give lower - income people access to credit on better terms than many credit cards or rent - to - own stores offer.

Silver was required by state law to disclose the income, but he only clearly disclosed payments from one of the law firms.

Public officials will be required to disclose all outside earned income they receive, from whom they receive it, the actual services performed to receive the income, and whether there is any connection to the state government or the office that they hold or their public duties.

New Disclosure Requirements Public officials will be required to disclose all outside earned income they receive, from whom they receive it, the actual services performed to receive the income, and whether there is any connection to the state government or the office that they hold or their public duties.

On ethics, Cuomo proposed requiring state lawmakers to seek an advisory opinion on any outside income and closing an election - law loophole that allows companies to skirt contribution maximums by forming an unlimited number of subsidiaries to channel donations.

Public officials would be required to disclose all outside income, from where it came, the services they performed to earn it, and whether there is any connection to state business.

These lawmakers should be required to disclose to the New York State Joint Commission on Public Ethics exactly how much money they made from which companies — not simply provide ranges of income, as they do now.

Gov. Andrew Cuomo and Assembly Democrats announced a two - way deal on ethics reform late Tuesday, that they say will require full disclosure of outside income for state lawmakers.

Anyone earning less than $ 75,000 would no longer have to pay state income taxes under McKinney's plan, which first requires a year of spending cuts.

This agreement with a company that has substantial business before the state came a day before Cuomo and the Assembly struck their two - way reform deal, which doesn't require outside income disclosure for spouses of significant others.

Senate Republicans last week introduced a bill that would require non-relatives who live state officials to disclose information on their outside income.

The Legislature in 2011 adopted an ethics overhaul measure that required greater disclosure of sources of outside income for state elected officials, as well as the creation of the latest lobbying regulator, the Joint Commission on Public Ethics.

-- Lawyer - legislators would be required to disclose and provide an explanation of any source of income over $ 1,000 in forms filed annually with the state's Joint Commission on Public Ethics.

De Blasio's proposal would raise income taxes on New York City residents who earn over $ 500,000, which requires approval from both the legislature in Albany, where the State Senate is partially controlled by Republicans, and the signature of Gov. Andrew Cuomo, who has emphasized his desire to cut taxes in next year's budget.

Also in the report, LaValle recommends amending current state law that requires colleges to provide education about sexual assault, domestic violence and stalking to all «incoming» students.

During her press conference outside PS 13, Ms. Malliotakis unveiled her Albany reform agenda, including: Requiring a two - thirds legislative majority to pass new taxes and fees; capping the rise in spending at the rate of inflation or 2 percent, whichever is less; requiring legislators to disclose outside sources of income; requiring public authorities like the MTA to undergo an independent financial audit, and calling for a constitutional convention to address items that have bedeviled the state recently, such as appointing a lieutenant governor and breaking a SeRequiring a two - thirds legislative majority to pass new taxes and fees; capping the rise in spending at the rate of inflation or 2 percent, whichever is less; requiring legislators to disclose outside sources of income; requiring public authorities like the MTA to undergo an independent financial audit, and calling for a constitutional convention to address items that have bedeviled the state recently, such as appointing a lieutenant governor and breaking a Serequiring legislators to disclose outside sources of income; requiring public authorities like the MTA to undergo an independent financial audit, and calling for a constitutional convention to address items that have bedeviled the state recently, such as appointing a lieutenant governor and breaking a Serequiring public authorities like the MTA to undergo an independent financial audit, and calling for a constitutional convention to address items that have bedeviled the state recently, such as appointing a lieutenant governor and breaking a Senate tie.

Skelos (R - Nassau), an attorney with Ruskin Moscou Faltischek, a large Long Island firm that represents health - care industry clients before state agencies and has a subsidiary that lobbies the Legislature, has in the past backed legislation requiring the disclosure of outside income.

A law approved in 2011 aimed at requiring more disclosure for state officials who earn outside income from lobbying entities to appears to be rarely enforced by state ethics regulators.

Sen. Jose Peralta today will announce a bill that would require a range of applications, including for public colleges, professional licenses, state - funded health insurance programs, and state income tax returns, to include a registration line for the «donate life registry» for organ, eye, and tissue donations

A state court judge has continued a temporary restraining order that bars Nassau County from collecting fines — possibly for years — based on a 2013 law requiring commercial properties to pay hefty penalties if they do not provide timely information to the county assessor about their income and expenses.

Also, at the time the income tax was invented, the only way to form a new corporation in many states and countries was by an enactment of the legislature and it was harder to form a corporation than it is today even where legislative approval was not required to form one.

There are unfunded mandates and lack of aid from the state, and while he has provided more money for education, it is less than the Campaign for Fiscal Equity settlement [the 2006 court ruling requiring the state to pay billions in backpay to shortchanged school districts]... When [Assembly Speaker Carl] Heastie proposed a slightly progressive income tax, he just rejected it.

He did achieve additional disclosure of lawmaker's outside income, as well as reform of legislators» daily expense accounts and the go - ahead to change the state's constitution to require that lawmakers convicted of crimes forfeit their pensions.

The state's main college aid program, the Tuition Assistance Program (TAP), has no residency rules.The new initiative will not require any tuition payments if the student's family income is below $ 100,000 in the coming school year, rising to $ 125,000 three years ahead.

Details about the governor's proposal, due to be unveiled in next week's State of the State address, are not known, but are likely to include requiring more disclosure and regulations regarding outside income, and another promise to push to seal the so - called L.L.C. loophole, which allows limited liability companies almost unchecked ability to donate money to candidates.